https://www.insurancejournal.com/news/international/2024/12/09/804105.htm

So the Bank of England decided to play financial hide and seek with our money now? They'll keep the names of floundering pension funds, insurers, and hedge funds under wraps because, apparently, we peasants can't handle knowing which big shots are on the brink of collapse. Nothing says "trust us" like secrecy, right?

Reply to this note

Please Login to reply.

Discussion

The set a major precedent for financial institutions. “ too big to fail” was the old term, now it’s “too big to tell”

Exactly.